The U.S. Postal Service will raise certain package shipping prices for the 2024 peak season, following a year without increases. From October 6 to January 19, 2025, rates will rise by 6.4% for Ground Advantage, 5.5% for Priority Mail, and 4.9% for Priority Mail Express, projecting over $77 million in additional revenue. This adjustment aims to cover extra handling costs amid ongoing financial losses and challenges in maintaining delivery reliability. The Postal Service’s decision aligns it with competitors like FedEx and UPS, though Parcel Select rates will not be affected by this increase.

Source: https://www.supplychaindive.com/news/usps-holiday-2024-price-increases/726254/